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☆ Trading playbook: Morgan Stanley on what worked during prior debt ceiling negotiations
▼ + stars: | 2023-05-16 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Morgan Stanley Research compiled data to examine sector performance before and after a debt ceiling negotiations in 1996, 2011 and 2013. The sector climbed 4% in the month that followed the last three debt ceiling negotiations on average. Tech added 8% and 11% three months and six months after previous debt ceiling negotiations, respectively. "Ultimately, prior comps are limited and do not provide a clear answer, in our opinion," Morgan Stanley equity strategist Michael Wilson said. Wilson highlighted the utilities sector as one of the better performers heading into debt ceiling negotiations, before a deal was yielded.

☆ JetBlue adds incremental perks like early boarding and booze to keep travelers reaching for status
▼ + stars: | 2023-05-10 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

JetBlue Airways has unveiled new perks for less-frequent flyers who are striving for elite status, the latest carrier to rethink its loyalty program to reflect shifting travel habits. Other changes include:JetBlue breaking up its elite Mosaic status into four levels, with benefits corresponding to each. To earn level 1 of that program travelers will need 50 tiles, and that comes with benefits like access to seats with extra legroom at check-in and same-day flight changes. JetBlue is also offering perks when a customer moves up a level of elite status like pet-fee waivers or a $99 credit card statement credit. American Airlines late last year, for example, raised the spending threshold required for customers to earn elite status.

☆ Human genome reboot better reflects global population
▼ + stars: | 2023-05-10 | by ( Will Dunham | ) www.reuters.com time to read: +5 min

The new genome rundown may help clarify the contribution of genetic variation to health and disease, improve genetic testing, and guide drug discovery. "A pangenome is not just one reference genome, but a whole collection of diverse genomes. Researchers in 2003 unveiled what was billed as the complete sequence of the human genome, though about 8% of it had not been fully deciphered. That reference genome was a mosaic drawn from about 20 people, including 70% from one individual of mixed European and African ancestry. The first complete human genome, based on a single European individual, was published last year after scientists filled in the gaps.

☆ A number of outperforming stocks have bucked macro trends, Jim Cramer says
▼ + stars: | 2023-05-08 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

Investors should be wary of bearish strategists who opt for a macro view and instead focus on individual companies, CNBC's Jim Cramer said Monday. In a market where idiosyncratic performers are plentiful, following one-size-fits-all macro advice can leave investors confused, Cramer says. Cramer pointed to outsize performers in myriad industries that would have been written off by those same bearish strategists. Investors might expect that industrial and homebuilding stocks would be suffering given the continued rate hikes, Cramer said. But industrial names like General Electric or Cummins have done extremely well, as have housing stalwarts like KB Home and Lennar , Cramer said.

☆ The International Space Station is hiding in this mind-blowing photo, as it passes the sun. Can you spot it?
▼ + stars: | 2023-05-04 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

The International Space Station passes the sun in a gorgeous portrait by photographer Andrew McCarthy. Can you spot the space station in this portrait of an increasingly active sun? It erupts high-energy radiation into space, some of which slams into the International Space Station rocketing around Earth. The space station zips across the sun like a fast-moving needle in a haystackMcCarthy's multi-telescope setup to capture his photo of the space station crossing the sun. He used the sunspots as a visual cue, knowing the space station would pass in front of them.

☆ Morning Bid: Bank reverb frames Fed decision
▼ + stars: | 2023-05-03 | by ( ) www.reuters.com time to read: +5 min

While there was some minor repricing of Fed probabilities in the futures market, the latest bout of bank stock nerves is unlikely to change the Fed's course on its own. A White House economist on Tuesday said Fed rate hikes were having a negative impact on the banking sector. Signs of some loosening of a very tight labor market may also encourage the Fed that its rate hiking job is done after this week. Private sector job readings for April are due later today along with service sector surveys for the month. With the Fed in view alongside the debt ceiling crunch and bank stock retreat, longer-term Treasury bonds rallied.

☆ The World Wide Web Turns 30: A History of the Internet Technology
▼ + stars: | 2023-04-30 | by ( Matthew Riva | ) www.wsj.com time to read: 1 min

The Mosaic browserThe most popular early browser was released eight days before CERN unleashed the web's source code. The move enabled people for the first time to see text and photos side-by-side, and encouraged growth of the fledgling web. One of Mosaic’s developers was Marc Andreessen, who went on to co-found Netscape and Silicon Valley venture capital firm Andreessen Horowitz. National Center for Supercomputing Applications/University of Illinois Board of Trustees

☆ A solid start to earnings season will be put to the test in the week ahead
▼ + stars: | 2023-04-29 | by ( Zev Fima | ) www.cnbc.com time to read: +14 min

The biggest week of this earnings season showed us that things aren't as bad as many feared. The week ahead of earnings, including several more Club names, should tell us more. The results are always important, but it's the guidance and management commentary we will really hone in on to better understand the path ahead. In Amazon's case, a solid first quarter for its AWS cloud business was overshadowed by management seeing a material slowdown in April. ET: Nonfarm Payrolls Looking back It was the biggest week of this earnings season for the Club as several of our mega-cap holdings and industry bellwethers reported results.

☆ Techs lift the S&P 500, dollar softens
▼ + stars: | 2023-04-26 | by ( Stephen Culp | ) www.reuters.com time to read: +3 min

SINGAPORE, April 26 (Reuters) - The S&P 500 inched higher on Wednesday and the dollar weakened as investors weighed solid company earnings against weaker-than-expected economic data and ongoing wrangling in Washington on raising the debt ceiling. "Megacaps are doing well based on strong earnings," said Bill Northey, senior investment director at U.S. Bancorp in Helena, Montana. The Dow Jones Industrial Average (.DJI) fell 42.01 points, or 0.13%, to 33,488.82, and the S&P 500 (.SPX) gained 8.73 points, or 0.21%, to 4,080.36. The U.S. dollar softened against a basket of major world currencies as the previous session's flight to safety faded and the euro gained strengthThe dollar index fell 0.46%, with the euro up 0.68% to $1.1047. Crude prices extended their losses as weak economic data further fueled fears of an economic downturn.

☆ Jim Cramer: This is what I learned from the real first week of earnings season
▼ + stars: | 2023-04-23 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

"Simply stated we're in a freight recession." That line, uttered last Monday by Shelley Simpson, president of J.B. Hunt (JBHT), the fourth-largest trucking company in the United States, was the most memorable of the real first week of earnings season. If so, it would know that we're dealing with much more than a freight recession. It's not enough to offset the immense deflationary pressure emanating from the regional banks and the freight recession described by J.B. Hunt. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

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☆ Fact Check-Circulating photo is from a gaming expo, does not show the lobby at CERN
▼ + stars: | 2023-04-18 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

A tweet said, in part, “The lobby at CERN; Nothing at all demonic to see here…” (here). The posts show what appears to be a 3D art display of demonic figures or creatures climbing out of the floor, with observers in the background. An online search for the photo leads to a blog post (here), (here) by 3D artist Kurt Wenner (kurtwenner.com/biography/). He was commissioned by Microsoft Studios to promote the “Gears of War” video game series, the first installment of which was released in November 2006. The photo shows a 3D art illustration by artist Kurt Wenner at a gaming expo in 2006 and does not show the CERN lobby.

☆ Trying to Find Your Place in the World? Try Birding From a Different Angle.
▼ + stars: | 2023-04-18 | by ( Ty Burr | ) www.nytimes.com time to read: +3 min

A waxwing slain beneath a living-room window, its biannual journey stopped dead by the sky in a pane of glass. After 40 mostly satisfying years as a film critic, I began to feel all those imagined visions closing around my head. I yearned to shake them off, to return to reality; birding has come to seem one of the more graceful ways to do that. To me, the nightly BirdCast map is a corrective to our human-centric view of the planet. In April and May, the map’s a rainbow of arrival, a feathery procession as brilliant as a pride parade.

☆ Stocks making the biggest moves midday: Costco, Bed Bath & Beyond, AMC, FedEx and more
▼ + stars: | 2023-04-06 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Costco — The wholesale retailer's shares dropped 2% after the company announced sales dipped 1.1% year over year in March. Bed Bath & Beyond — The stock tumbled 7% after the retailer proposed a stock split as it attempts to avoid bankruptcy. Analysts covering the stock welcomed the news, with Raymond James upgrading shares to outperform from market perform Thursday morning. Leslie's , Pool — Shares of pool company Leslie's popped 5.4%, while Pool gained 1%, after both names were upgraded by Loop Capital to buy from hold. Craig-Hallum downgraded the stock to hold from buy and Rosenblatt pulled its rating to neutral from buy following the guidance cut.

☆ Jim Cramer's top 10 things to watch in the stock market Thursday: Wells upgrade, STZ reports, FedEx's new day
▼ + stars: | 2023-04-06 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

Raises price target to $52 from $47. Charles Schwab (SCHW) price target slashed to $65 from $89 at Keefe Bruyette. Analyst keeps an outperform rating on shares, acknowledging risks to near-term earnings outlook, but says the sell-off is now overdone. Evercore ISI lowers price target to $535 from $545, but keeps outperform rating. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Goldman Sachs loves these stocks, but the rest of Wall Street hates them
▼ + stars: | 2023-04-06 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Finding opportunities in this tricky stock market is no easy task, and Goldman Sachs thinks it might be worth looking at these unloved gems with great potential. The Wall Street bank identified a slew of stocks where its analysts are bullish but most of the Street gave either a neutral or sell rating. These stocks with buy ratings from Goldman analysts have at least 10% upside, based on their price target, and the firm's earnings estimates for these companies are at least 2% above consensus. "These names appear underappreciated by the market and could generate alpha for investors with a contrarian view," Goldman said. Ride sharing giant Lyft is also widely hated by Wall Street, except for Goldman.

☆ These stocks are the biggest winners when oil prices surge
▼ + stars: | 2023-04-03 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Oil prices are on a tear to start the new quarter, and if history is any guide, some stocks are better positioned to benefit from rising prices. The recent surge comes after oil prices tumbled last month to their lowest since December 2021 as Silicon Valley Bank's collapse rattled traders and spurred fears that a banking crisis could dent global economic growth. With oil prices at highs, CNBC Pro screened for the S & P 500 that consistently win during these times. Here are the names that made the list: Given their close correlation to oil prices, it's no surprise that energy stocks topped the list. While energy stocks, on average, benefit most when oil prices rise, other sectors also prosper.

☆ Morgan Stanley says this Latin American e-commerce and payments company is a top pick that could surge nearly 40%
▼ + stars: | 2023-03-31 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Investors should consider buying shares of MercadoLibre , according to Morgan Stanley. Analyst Andrew Ruben reiterated an overweight rating on MercadoLibre and named it a top pick, saying the Latin American e-commerce and payments company has "multiple sources for earnings upside." "With new EBIT-level builds for eight MELI business lines, we see a durable base of profitable growth drivers," Ruben wrote Thursday. MELI 1D mountain MercadoLibre shares 1-day The analyst's $1,770 price target implies roughly 40% upside from Thursday's closing price of $1,266.80. MercadoLibre shares are 49% higher in 2023, though that follows two dismal years.

☆ Tourists to get chance to walk in King Charles' coronation footsteps
▼ + stars: | 2023-03-24 | by ( ) www.reuters.com time to read: +1 min

[1/2] Britain's King Charles and Queen Camilla arrive at Llandaff Cathedral for Wales' National Service of Prayer and Reflection for Britain's Queen Elizabeth, following her death, in Cardiff, Wales, Britain September 16, 2022. REUTERS/Carl RecineLONDON, March 24 (Reuters) - London's Westminster Abbey said visitors will get the chance this summer to follow King Charles' coronation footsteps, getting access for the first time in living memory to an area sealed off to the public. Charles will be crowned on May 6 at the church where coronations for English and British monarchs have been held for the past 1,000 years. "For the first time in known history, this pavement will be on view and used for a coronation," said Vanessa Simeoni, the head conservator at the Abbey. Reporting by Will Russell; Writing by Michael Holden; Editing by Alison WilliamsOur Standards: The Thomson Reuters Trust Principles.

☆ Jeff Bezos' Blue Origin sued over allegations the rocket company discriminates against older workers
▼ + stars: | 2023-03-08 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

A spokesperson for Blue Origin did not respond to a request for comment. It's not the first time that Blue Origin has faced criticism from a former employee. In 2021, Alexandra Abrams, the former head of Blue Origin employee communications, published an open letter alongside a group describing itself as 21 former and current Blue Origin employees. At the time, a Blue Origin representative told Insider the company doesn't tolerate harassment and would investigate the claims. Do you work for Blue Origin or have insight to share?

☆ Here are the most overbought and oversold stocks on Wall Street right now
▼ + stars: | 2023-03-04 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Some of the most overbought and oversold stocks on Wall Street right now include Bank of America and a water treatment company. Meanwhile, a stock with a 14-day RSI lower than 30 is considered oversold, a signal of poor sentiment around the firm. According to a CNBC Pro screen of FactSet data, here are the 10 most overbought stocks in the S & P 500. Ecolab was among the most overbought stocks in the S & P 500. Other overbought names include Clorox Co . and Mosaic Co. We also screened for the most oversold stocks in the benchmark stock index.

☆ In Turkey's quake-devasted city of Antakya, an antiques seller is determined to stay put
▼ + stars: | 2023-03-04 | by ( Timour Azhari | ) www.reuters.com time to read: +4 min

Close by was a mosaic portrait of Ataturk, the founder of modern Turkey, old magazines and several Turkish flags. "Even before the earthquake, these chairs were outside, I had items outside to show that we run an antique shop ... In one room, a wall collapsed on top of his collection of Turkish antique glassware. A man who has made a living from old things, Sincan said he took a historical view of the earthquake's devastation. Sincan said he was confident the city would rise again.

☆ This week's best performers include Salesforce and these solar stocks
▼ + stars: | 2023-03-03 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Solar energy names First Solar and SolarEdge Technologies both made the list of this week's biggest gainers. First Solar was this week's top performer, with shares popping 23.2% following strong guidance for 2023. More than half of analysts covering the stock rate it a buy, but also see it coming down slightly from current levels. Software company Salesforce was also one of this week's notable gainers, with the stock on Thursday having their best day since 2020 following a blowout earnings report. Several non-energy materials stocks were also strong performers this week, with Steel Dynamics and Mosaic gaining 12.5% and 9.4%, respectively.

☆ A year later, the Fed still has a long way to go in the fight against inflation
▼ + stars: | 2023-03-01 | by ( Jeff Cox | ) www.cnbc.com time to read: +9 min

The rate hikes appeared to have quelled some of the inflation surge that inspired the policy tightening. Indeed, Fed officials for months stuck to the narrative that inflation was "transitory" and would abate on its own. Fed Chairman Jerome Powell recently insisted that he and his colleagues are taking "forceful steps" now to bring down inflation. The index most recently showed an annual inflation rate of 6.4%, down from a peak around 9% in the summer of 2022. Citigroup economist Andrew Hollenhorst thinks the Fed could tame key inflation metrics to around 4% by the end of this year.

☆ Stocks making the biggest moves midday: Domino's Pizza, Lucid, Nvidia, Nikola and more
▼ + stars: | 2023-02-23 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Lucid Group — The electric vehicle maker tumbled more than 18% after posting fourth-quarter revenue that fell short of analysts' expectations. Mosaic Company — Shares of the fertilizer mineral company added 1.4% on Thursday after Mosaic's quarterly revenue came in higher than expected. The company generated $4.48 billion in revenue, while analysts surveyed by StreetAccount were expecting $4.17 billion revenue. Domino's Pizza , Papa John's International — The pizza chains fell 11% and 7.6%, respectively, after they reported mixed earnings. Nikola — Shares fell more than 7% after Nikola reported quarterly revenue that disappointed analyst expectations.

☆ Stocks making the biggest moves premarket: Lucid, Nvidia, Dollar General, Sunrun and more
▼ + stars: | 2023-02-23 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

Lucid Motors — The electric vehicle maker saw shares slide 14% premarket after reporting that fourth-quarter revenue fell short of expectations. eBay — The online auction platform fell 5% despite posting fourth-quarter earnings and revenue that topped analysts' estimates as gauged by Refinitiv. The company also forecast current quarter revenue of $600 million and $640 million, compared to estimates of $622 million. Bath & Body Works — Shares fell more than 4% after the company reported fourth-quarter earnings. Sunrun — The solar company rose 1.5% after its fourth-quarter earnings topped Wall Street's expectations.

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